Question: Indicate whether each scenario will affect the GDP deflator or the CPI for the United States. 1. A decrease in the price of Japanese-made car

Indicate whether each scenario will affect the GDP deflator or the CPI for the United States.

1. A decrease in the price of Japanese-made car that is popular among U.S. consumers

2. An increase in the price of a Treewood Equipment feller buncher, which is a commercial forestry machine made in the U.S. but not bought by U.S. consumers

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